{"id":34703,"date":"2022-10-24T07:19:45","date_gmt":"2022-10-24T10:19:45","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=34703"},"modified":"2026-04-23T03:40:45","modified_gmt":"2026-04-23T06:40:45","slug":"allen-overy-consulting-issues-first-report-on-the-star","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/allen-overy-consulting-issues-first-report-on-the-star","title":{"rendered":"Allen &amp; Overy Consulting issues first report on The Star"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Allen &amp; Overy&#8217;s report recommends The Star Entertainment commence its remediation programme to improve risk, compliance and culture.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Australia.-&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/the-star-to-bring-in-independent-monitor-to-oversee-renewal-programme\" target=\"_blank\">Allen &amp; Overy Consulting<\/a>, a law firm appointed to monitor the design and implementation of <strong>The Star Entertainment&#8217;s remediation programme<\/strong>, has issued its first report to the casino operator. The report\u2019s executive summary says that &#8220;<strong>the Program is sufficiently developed for the TSEG Board<\/strong> to consider commencing the execution phase.\u201d&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The report finds that:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The Program features clear Workstream Problem Statements\/root causes, Workstream Target States, and Milestones;<\/li><li>The scope of the Program is designed to address the root causes identified to date, as well as the overall themes and actions raised in&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/star-not-suitable-to-hold-casino-licence-in-sydney-counsel-tells-inquiry\" target=\"_blank\">the Bell and Gotterson Reports<\/a>, acknowledging TSEG intends to investigate potential root causes further as part of the Program;<\/li><li>TSEG has arrangements in place to govern and oversee Program delivery;<\/li><li>TSEG has identified individual executives who are accountable for Program design and implementation;<\/li><li>The overall timeline for the design and implementation of changes proposed under the Program is reasonable for a program of this scale and complexity; and<\/li><li>TSEG has completed preliminary funding and resourcing forecasts, projecting a significant investment.&nbsp;<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">A week ago, the&nbsp;<strong>New South Wales Independent Casino Commission<\/strong>&nbsp;(NICC)&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/nicc-hits-the-star-with-fine-and-suspends-sydney-casino-licence\" target=\"_blank\">suspended The Star Entertainment\u2019s casino licence<\/a>&nbsp;in the state.&nbsp; It also fined the casino operator&nbsp;<strong>AU$100m<\/strong>&nbsp;and appointed a manager,&nbsp;<strong>Nicholas Weeks<\/strong>, until the regulator can determine whether The Star can achieve suitability following matters identified in the Bell Review.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">NICC chief commissioner<strong>&nbsp;Philip Crawford<\/strong> said Weeks had been appointed to allow The Star\u2019s Sydney casino can remain operational during the operator\u2019s licence suspension.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Queensland\u2019s review of&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/queensland-attorney-general-receives-final-report-on-the-star\" rel=\"noreferrer noopener\">The Star Entertainment Group<\/a>&nbsp;also found the casino operator to be unsuitable to continue holding a casino licence in the state.&nbsp;<strong>Robert Gotterson AO KC&nbsp;<\/strong>reached an open finding in his report but Queensland Attorney-General Shannon Fentiman says the operator is unfit to run its Queensland venues.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Allen &amp; Overy&#8217;s report recommends The Star Entertainment commence its remediation programme to improve risk, compliance and culture.<\/p>\n","protected":false},"author":176,"featured_media":26456,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Allen & Overy Consulting has issued its initial report on The Star Entertainment Group's remediation program, deeming it sufficiently developed for execution. This follows the New South Wales Independent Casino Commission's suspension of The Star's licence, a AU$100m fine, and the appointment of a manager, alongside Queensland's finding of unsuitability.","focusai_entities":"Allen & Overy Consulting, The Star Entertainment Group, New South Wales Independent Casino Commission, Nicholas Weeks, Philip Crawford, Robert Gotterson AO KC, Shannon Fentiman, Bell Report, Gotterson Report","focusai_location":"Australia, New South Wales, Queensland, Sydney","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (1.0), operator_casino (1.0), payments_fraud_aml (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Remediation Program Funding?","query":"What are the specific financial implications of the remediation program and ongoing operational restrictions for The Star's Q4 and FY results, considering the 'significant investment' projected?"},{"label":"Manager's Influence on Remediation?","query":"How will the appointed manager, Nicholas Weeks, influence the pace, scope, and strategic direction of The Star's remediation program, and what are the key performance indicators for suitability reinstatement?"}],"footnotes":""},"categories":[16336,157,158],"tags":[23871],"class_list":["post-34703","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","category-slider-home","tag-the-star-entertainment-group"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=34703"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34703\/revisions"}],"predecessor-version":[{"id":34745,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34703\/revisions\/34745"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26456"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=34703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=34703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=34703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}